Britain's government and the Bank of England "will do what is necessary, for as long as necessary" to return inflation to its 2% target, finance minister Jeremy Hunt said on Monday, adding to signs that interest rates will stay high for some time. "Delivering sound money is our number one focus," Hunt told finance executives at the City of London's annual Mansion House dinner, in a speech alongside BoE Governor Andrew Bailey, who said he would "see the job through" on bringing down inflation. ritish inflation hit a 41-year high of 11.1% in October and has been slower to fall than in other big economies. Last ... (full story)